taxes Property Tax Assistance

2019 ISD Summary Worksheet

107-Henderson

129-904/Kemp ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 88,255,280 0.8563 103,065,841 88,255,280
C1. VACANT LOTS 6,499,030 N/A 6,499,030 6,499,030
D1. QUALIFIED AG LAND 2,152,400 0.9917 2,170,484 2,152,400
D2. REAL PROP:FARM & RANCH 383,920 N/A 383,920 383,920
E. REAL PROP NONQUAL ACREAGE 34,819,410 0.8837 39,401,845 34,819,410
F1. COMMERCIAL REAL 2,922,570 N/A 2,922,570 2,922,570
G. OIL,GAS,MINERALS 33,800 N/A 33,800 33,800
J. UTILITIES 14,141,480 N/A 14,141,480 14,141,480
L1. COMMERCIAL PERSONAL 693,960 N/A 693,960 693,960
L2. INDUSTRIAL PERSONAL 422,890 N/A 422,890 422,890
M. MOBILE HOMES 2,239,570 N/A 2,239,570 2,239,570
S. SPECIAL INVENTORY 48,040 N/A 48,040 48,040
Subtotal 152,612,350 0 172,023,430 152,612,350
Less Total Deductions 33,859,834 0 40,367,753 33,859,834
Total Taxable Value 118,752,516 0 131,655,677 118,752,516

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4
124,063,363 118,752,516 124,063,363 118,752,516


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,310,847 0


T1 = School district taxable value for M & O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7 T8 T9 T10
124,063,363 118,752,516 124,063,363 118,752,516

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction


T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

129-904-02/Kemp ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 88,255,280 0.8563 103,065,841 88,255,280
C1. VACANT LOTS 6,499,030 N/A 6,499,030 6,499,030
D1. QUALIFIED AG LAND 2,152,400 0.9917 2,170,484 2,152,400
D2. REAL PROP:FARM & RANCH 383,920 N/A 383,920 383,920
E. REAL PROP NONQUAL ACREAGE 34,819,410 0.8837 39,401,845 34,819,410
F1. COMMERCIAL REAL 2,922,570 N/A 2,922,570 2,922,570
G. OIL,GAS,MINERALS 33,800 N/A 33,800 33,800
J. UTILITIES 14,141,480 N/A 14,141,480 14,141,480
L1. COMMERCIAL PERSONAL 693,960 N/A 693,960 693,960
L2. INDUSTRIAL PERSONAL 422,890 N/A 422,890 422,890
M. MOBILE HOMES 2,239,570 N/A 2,239,570 2,239,570
S. SPECIAL INVENTORY 48,040 N/A 48,040 48,040
Subtotal 152,612,350 172,023,430 152,612,350
Less Total Deductions 33,859,834 40,367,753 33,859,834
Total Taxable Value 118,752,516 131,655,677 118,752,516

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4
124,063,363 118,752,516 124,063,363 118,752,516


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
5,310,847 0


T1 = School district taxable value for M & O purposes before the loss to the additional $10, 000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10, 000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50 % of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50 % of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7 T8 T9 T10
124,063,363 118,752,516 124,063,363 118,752,516

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption